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I AM JUSTDAVE !
Industry Role:
Join Date: Feb 2005
Location: LA
Posts: 4,111
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**Shy Love Sued for Six Figures; Schechter Claims Fraud, Breach of Contract, Unfair Biz Practice**
Shy Love Sued for Six Figures; Schechter Claims Fraud, Breach of Contract, Unfair Biz Practice
Mark Schechter strikes back. The owner of adult talent agency ATMLA files a blistering Cross-Complaint against Shy Love and her husband, Roy Liberboim.
Source: TRPWL - Adult News and Commentary : TRPWL
Quote:
Schechter states claims against ATMLA?s previous owners for Fraud, Breach of Contract, Unfair Business Practice, and Interference with Prospective Business Advantage.
The Cross-Complaint cites:
False financial information indicating the number of models recruited per month, income per month, expenses per month, and other important financial data provided at the time of the sale of ATMLA in order to inflate the value of Shy Love?s business assets and consulting services;
Shy Love starting a new agency, The VIP Connect, which competes directly with ATMLA, in violation of the terms of the contracts which effectuated the sale of ATMLA;
Defamatory information provided to a porn gossip blogger in order to damage Schechter?s reputation;
Disparaging statements made to clients, producers, directors, and adult industry professionals;
The ?poaching? of models from ATMLA?s roster;
Attempts to force Schechter?s removal from LATATA; and
Other actions and activities meant to damage Schechter?s professional reputation in the adult film business.
The amount of liquidated damages specified for three of the alleged contract breaches is $100,000 USD per breach!
This came across our Google Alerts today ?
In November, ex-adult performer turned talent agent Shy Love (nee Sheelagh Blumberg) sued Mark Schechter, the man who now owns her old agency, ATMLA, for defamation. As TRPWL has indicated in its previous coverage, this move was not merely ridiculous, but also incredibly unwise.
Friday, in Los Angeles County Superior Court, Schechter filed not only his Answer, which denied each and every one of Blumberg/Love?s allegations, but also a Cross-Complaint, that added Shy?s husband Roy Liberboim as a party.
The pleadings lay out several claims, perhaps the juiciest of which is that the couple committed Fraud in the sale of ATMLA, by intentionally providing Schechter with financial information that was false.
In other words, he says that they cooked the books.
Prior to entering in to the above referenced contracts, Cross-Defendants [Blumberg/Love and Liberboim] provided emails concerning their 2011 tax returns, Profit and Loss Statements, and other revenue reporting information as part of the disclosure process?.
Prior to entering in to the above referenced contracts, [Blumberg/Love and Liberboim] provided confidential financial information indicating the number of models recruited per month, income per month, expenses per month, and other important financial data.
This information referenced above was false.
[Blumberg/Love and Liberboim] were aware of the falsity of the above referenced documents.
[Blumberg/Love and Liberboim] intended that Cross-Complainant Mark Schechter rely on the above referenced documents in order to inflate the value of the consulting services and business assets as referenced in Exhibit ?A? and ?B.?
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[IMG]http://thereal*************.com/wp-content/uploads/2014/12/IMG_1054.png[/IMG]
Go here to see all of the Docs and detailed responses:
Shy Love Sued for Six Figures; Schechter Claims Fraud, Breach of Contract, Unfair Biz Practice - TRPWL : TRPWL
My comment thoughts: OHHH man! Why can't we all just get along?
Just Dave
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